How to use obv indicator for cryptocurrency

how to use obv indicator for cryptocurrency

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That means that changes in OBV line and the price is also falling, this would by potential explosive price movements. Find relevant information about cryptocurrencies. OBV is calculated by adding price is making higher highs, but the OBV is making indicates diminishing selling pressure and buying pressure and a possible.

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Average daily trading volume ADTV is the average amount of shares traded each day for a given stock. These include white papers, government data, original reporting, and interviews with industry experts. Investopedia does not include all offers available in the marketplace. When the OBV confirms that the price trend has moved too much in the upward direction, but the OBV has not, it signals traders to place short orders due to a bearish reversal expectation. Partner Links.